Brent Skorup, research fellow in the Technology Policy Program at Mercatus Center, George Mason University, discusses the net neutrality rules passed by the Federal Communications Commission Thursday.» Read More
WASHINGTON, Oct 11- The Federal Reserve wants the economy to grow more robustly but is not actively seeking higher inflation rates, Fed Board Governor Jeremy Stein said on Thursday.
NEW YORK, Oct 11- U.S. crude oil stocks rose last week while distillate inventories fell more sharply than forecast, government data showed on Thursday. Domestic stocks of crude rose by 1.67 million barrels in the week to Oct. 5, the Energy Information Administration reported, as imports rose.
The court earlier ordered the seizure of the Argentine tall sailing ship at Tema harbor following judgments against Argentina issued by the United States District Court and supported by similar court rulings in the United Kingdom. Justice Richard Agyei-Frimpong said Thursday that Argentina had not shown why the injunction on the ship should be set aside.
NEW YORK-- Shares of coal mining companies surged Thursday and Dahlman Rose& Co. predicted that demand may be on the rise from steel manufacturers in China.
NEW YORK, Oct 11- U.S. seasonally adjusted commercial paper outstanding fell $10.2 billion in the week ended Oct. 10, according to data issued by the Federal Reserve on Thursday. U.S. commercial paper outstanding, not seasonally adjusted, fell $10.7 billion in the week. U.S. foreign bank commercial paper, not seasonally adjusted, rose $900 million.
NEW YORK-- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 1.7 million barrels, or 0.5 percent, to 366.4 million barrels, which is 8.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
WASHINGTON, Oct 11- For details of the U.S. Treasury's auctions of reopened 30- year TIPS next week, see:. 29- year 10- month 2-3/ 4% bond reopened:.
Our projected distressed EBITDA multiple for NTELOS is 4 x and recognizes the company's limited geographic footprint as well as the substantial, and growing reliance on a wholesale contract with Sprint Spectrum L.P. Our `BB-' corporate credit ratings on NTELOS are not affected by the refinancing.
NEW YORK, Oct 11- Does an office perk count as a benefit if you pay for it yourself? Apparently so, because an increasing number of companies are using so-called voluntary benefits to bulk up workplace offerings.
COPENHAGEN, Oct 11- PensionDanmark became the latest manager of retirement funds to branch out in the hunt for higher returns, saying it would invest 1.6 billion euros in energy infrastructure in Europe and the United States.
SIOUX FALLS, S.D.-- To all the girls and boys, makin' all that noise: Alice Cooper has found you some new toys. The heavy metal icon was in South Dakota on Wednesday to help kick-off a 6,000- square-foot rock `n' roll academy for local Boys& Girls Club members.
MIAMI-- A third victim of a massive parking garage collapse at a Miami college died Thursday morning, just hours after rescuers pulled him from beneath piles of twisted steel and crumbled concrete, police said. Samuel Perez, 53, had been trapped in the collapse Wednesday at Miami Dade College.
The agency reported Thursday it expects Kansas growers to harvest 82.5 million bushels of soybeans. The estimate for corn production in Kansas of 382.2 million bushels remains unchanged from last month.
The USDA now estimates that farmers will harvest 10.71 billion bushels of corn, down from last month's estimate of 10.73 billion bushels. The USDA said 69 percent of the nation's corn crop has been brought in from the fields as of Monday, more than double the average rate of the previous five years.
ALBANY, N.Y.-- The New York State Department of Agriculture and Markets says a Brooklyn company is recalling herring fillets because they may be contaminated by listeria. The Four Seasons Dairy Inc., is recalling herring "Fillet Atlantic Recipe in Oil." The product, sold in the New York City area, was packaged in a 1- pound/500g, clear plastic tub with a white lid.
SALT LAKE CITY-- Utah's September foreclosure rate remains the 16th highest in the nation for a second month. Data released Thursday by RealtyTrac Inc. shows that one in every 903 Utah housing units saw a foreclosure filing in September. Florida, California, Illinois, Arizona and Nevada had the highest foreclosure rates in the nation in August.
By Chris Vellacott and Sinead Cruise. LONDON, Oct 11- BAE Systems moved to patch up damaged relations with its investors on Thursday, promising imminent meetings to discuss its strategy after the failure of its attempted merger with EADS, shareholders told Reuters.
--Health care information, services, and technology provider IMS Health Inc. is issuing an additional $1.25 billion of debt to fund a sponsor dividend of about $1.2 billion.
Yongda Huang Harris, 28, was taken into custody at Los Angeles International Airport last week during a stopover on a trip from Japan, when U.S. Customs and Border Protection officers noticed he was wearing the bulletproof vest under his trench coat, along with flame-retardant pants and knee pads.
By Chris Vellacott and Sinead Cruise. LONDON, Oct 11- BAE Systems moved to patch up damaged relations with its investors on Thursday, promising imminent meetings to discuss its strategy after the failure of its attempted merger with EADS, shareholders told Reuters on Thursday.